Spectre announces refinancing for seven B737 converted freighters

Spectre Cargo Solutions, the freighter-focused arm of aircraft trading and leasing specialist Spectre Air Capital, has completed the initial stage of refinancing for seven Boeing 737-700 and -800 converted freighters. 
Texas-based Spectre Cargo Solutions, through its Irish affiliate NGF Genesis, has closed its first round of a long-term senior debt facility led by Erste Bank for the freighters which will be delivered on lease to "multiple operators" and managed by NGF Genesis (Ireland).
Said a spokesperson for Spectre Cargo Solutions: "This will be the first institutional financing of Spectre’s freighter portfolio, and represents the first tranche of aircraft supporting its broader passenger-to-freighter (PTF) platform."
The company has converted and supported 135+ B737 freighters operating in 25+ countries. It has also arranged 40+ B757 freighters converted by Precision and 25+ B747 freighters converted by Boeing.
Share this story

Related Topics

Latest americas news

Mexican cargo operations set to move

By Rebecca Jeffrey

Mexican president Andrés Manuel López Obrador has confirmed the government has struck an agreement with some airlines to shift cargo…

Read More

Share this story

ACS opens Washington DC office

By Mike Bryant

Global charter broker Air Charter Service (ACS) has opened a new office in Washington DC, US. ACS’s ninth office in…

Read More

Share this story

Ameriflight to buy 20 Natilus cargo aircraft

By Rebecca Jeffrey

US cargo airline Ameriflight has placed an order for 20 Natilus Kona autonomous feeder cargo aircraft valued at $134m. Ameriflight…

Read More

Share this story